Which of the following is the correct mathematical expression for return on investment?
A. Sales margin ÷ capital turnover.
B. Sales margin × capital turnover.
C. Sales margin + capital turnover.
D. Sales margin ? capital turnover.
E. Capital turnover ÷ sales margin.
Answer: B
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Which is NOT recommended when communicating with or about people with disabilities?
a. Because the elevator was installed for our handicapped employees and guests, all able-bodied personnel should use the stairs. b. The management of Crystal Oil Products has taken meticulous care to provide full access to all areas of the building for its less-fortunate employees and guests. c. Because company finances have been burdened to their limit, only the blind employees will have voice input installed on their computers. d. Personnel with vision impairments may request that voice input be installed on their computers.
Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes a:
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At a town hall meeting, the CEO of a company spoke energetically about adopting cost-cutting measures due to the recent economic slump. However, a few days later, the employees found out that the CEO had gone on an exotic vacation using funds from the company. Which of the following is true about this company?
A. Senior managers set a bad example, implying a lack of control. B. Employees are unclear about what needs to be achieved. C. Reviews are not held periodically. D. The firm's expectations are not established in writing. E. Key data are not measured and reported in a timely manner.